Business Intelligence (BI)systems Obtain Their Data by Which of the Following

question 15

Multiple Choice

Business Intelligence (BI) systems obtain their data by which of the following means?

• A)Read and process data from an operational database
• B)Process extracts from operational databases
• C)Process data purchased from data vendors
• D)Both A and B
• E)All of the above

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Definitions:

Elastic

Describes a situation in which the demand or supply for a good or service significantly changes in response to changes in price.

Consumer Surplus

The discrepancy between the total sum consumers are prepared and capable of spending on a product or service and the actual total sum they end up paying.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product, service, or resource, usually set below the market equilibrium price to make goods more affordable.

Market Equilibrium

A point in a market where the quantity of goods supplied is equal to the quantity of goods demanded.